Asian stocks rise on Bridgestone better-than-expected profit forecats

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Source: Bloomberg
Asian shares gained, with the regional benchmark index set for the highest close in 18 months, as Bridgestone Corp. rose on better-than-estimated profit forecast, while the Japanese Yen's strength put pressure on exporters. The MSCI Asia Pacific Index added 0.1% to 133.92 at 1:34 p.m. in Tokyo. Japan's Nikkei 225 Stock Average declined 0.4%, while Australia's S&P/ASX 200 Index rose 0.1%.
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Tue, 19 Feb 2013 08:18:03 GMT

Norway's consumer confidence rises further in Q1

Norwegian consumer confidence improved further in the first quarter, according to data published by the Finance Norway and TNS Gallup today. After reaching 24.4 in the Q3 and 26 in the last quarter of 2012, consumer confidence index increased to 27.1. Households appeared to be more upbeat about the country's economy during the past 12-month period, with the sub-index jumping

Tue, 19 Feb 2013 07:56:04 GMT

Kiwi falls as China destroyed milk powder imported from New Zealand

New Zealand's Dollar weakened versus its major counterparts as reports showed that Chinese quarantine administration has destroyed milk powder for 3 different brands imported from the South Pacific country. The kiwi depreciated 0.1% to 84.40 U.S. cents at 4:23 p.m. in Sydney and declined as much as 0.5% to 79.06 yen. 

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